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Benvest Capital Announces Its Six Month Results.


MONTREAL--(BUSINESS WIRE)--April 23, 1996--BENVEST CAPITAL (ME:BCI BCI Bat Conservation International
BCI Brain-Computer Interface
BCI Business Continuity Institute
BCI Business Cycle Indicators
BCI Banco de Credito e Inversiones (Chilean bank)
BCI Bell Canada International
) Benvest Capital announces that revenue for the six months ended February February: see month.  29, 1996 was $966,708, as compared to $1.7 million for the same period of the previous year. The period recorded a loss of $93,236 compared with net earnings of $425,714 generated in the first six months of last year. The loss applicable to common shares was $317,236 or $0.057 per Series A common share, from earnings of $200,714 or $0.034 per Series A common share for the same period of the previous year. Revenue and net income were elevated in the first six months of 1995 principally from a foreign exchange gain of $694,314 realised upon the disposal of certain assets.

Benvest Capital Inc. is a publicly listed merchant bank. The common shares, Series A, are listed for trading on the Montreal Exchange Montreal Exchange

A Canadian derivatives exchange that facilitates the trading of stock options, interest rate futures and options, as well as index options and futures. Located in Montreal, Quebec, it is the country's main financial derivative market, while the Winnipeg
.

CONTACT: Benvest Capital

David Ham Ham, in the Bible
Ham, in the Bible, son of Noah. In biblical ethnography, Ham is the father of the nations Cush, Mizraim, Phut, and Canaan. In a story separate from the flood narrative, the legend related in the Book of Genesis and in the Qur'an suggests
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Publication:Business Wire
Date:Apr 23, 1996
Words:159
Previous Article:Audited financial results of Bombardier Inc. for the year and the three months ended January 31, 1996.
Next Article:QUIXOTE CORPORATION REPORTS 1996 THIRD QUARTER AND NINE MONTH RESULTS.
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